Martin Armstrong: Japan Is The Next Currency Trouble Spot - US Will Be Last To Crack
Stocks are cheap compared to zero interest rate alternatives
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Jim welcomes back Martin Armstrong of ArmstrongEconomics.com. On the topic of a dollar collapse, Martin doesn’t see it happening, as there are no strong alternatives to the dollar. He sees Japan as the next currency trouble spot, and believes a single global currency is coming down the road. Martin sees the time-frame of a global currency crisis as 2017-2018. He also discussed gold, and said it should be owned as a personal hedge, but that no government will ever adopt a gold standard, which would limit its power to spend money.